Contract For Deed Template (Alaska) FREE To Download, Edit & Use

Welcome to our Contract For Deed Template (Alaska) page.
This is a comprehensive legal document designed to facilitate real estate transactions within Alaska.
The template outlines a standard agreement for seller financing and consists of all important clauses for a buyer agreement.
You can easily download this contract, edit it to suit your needs, and use it as the foundation of your real estate deals.

THIS CONTRACT FOR DEED

This Contract for Deed (hereinafter “Contract”) is entered into on this ______ day of ______, 20______ by and between ______ (Seller), with an address at ______, and ______ (Buyer), with an address at ______.

PROPERTY DESCRIPTION

Seller agrees to sell, and Buyer agrees to buy, the property located in the State of Alaska, legally described as: ______ (hereinafter “Property”).

PURCHASE PRICE AND TERMS OF PAYMENT

The total purchase price for the Property shall be ______ USD. The Buyer shall make a down payment of ______ USD on the execution date of this Contract. The remaining balance of ______ USD shall be paid in ______ equal monthly installments of ______ USD each, beginning on ______ and continuing on the same day of each following month.

INTEREST

The unpaid balance of the purchase price shall bear interest at an annual rate of ______ %, payable monthly.

POSSESSION AND INSURANCE

The Buyer shall take possession of the Property upon execution of this Contract. The Buyer shall maintain, at their own expense, sufficient insurance on the Property for protection against risk of loss.

DEFAULT

If the Buyer fails to comply with any term of this Contract, the Seller may, at their discretion, declare the Buyer in default.

GOVERNING LAW

This Contract shall be governed by and construed in accordance with the laws of the State of Alaska.

ENTIRE AGREEMENT

This Contract contains the entire agreement between the parties and supersedes all prior oral or written agreements, understandings or arrangements.

SIGNATURES

IN WITNESS WHEREOF, the parties hereto have executed this Contract as of the date first above written. Seller: ______________________________________ Name Buyer: ______________________________________ Name Date: ___________________________

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